Danaher Corp [DHR] stock is trading at $239.88, up 2.05%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The DHR shares have gain 2.15% over the last week, with a monthly amount glided 2.36%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Guggenheim started tracking the stock with Buy rating on December 19, 2024, and set its price target to $275. On December 13, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $290 on the stock. Wolfe Research upgraded its rating to a Outperform but stick to its price target of $285 on October 31, 2024. Stephens initiated its recommendation with a Overweight and recommended $315 as its price target on October 01, 2024. Wells Fargo started tracking with a Equal Weight rating for this stock on August 28, 2024, and assigned it a price target of $280.
Danaher Corp [DHR] stock has fluctuated between $222.53 and $281.70 over the past year. Currently, Wall Street analysts expect the stock to reach $289.5 within the next 12 months. Danaher Corp [NYSE: DHR] shares were valued at $239.88 at the most recent close of the market. An investor can expect a potential return of 20.69% based on the average DHR price forecast.
Analyzing the DHR fundamentals
Danaher Corp [NYSE:DHR] reported sales of 23.74B for the trailing twelve months, which represents a drop of -15.64%. Gross Profit Margin for this corporation currently stands at 0.6% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.19%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.07 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.34.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 235.60 points at the first support level, and at 231.33 for the second support level. However, for the 1st resistance point, the stock is sitting at 242.56, and for the 2nd resistance point, it is at 245.25.
Ratios To Look Out For
For context, Danaher Corp’s Current Ratio is 1.37. Further, the Quick Ratio stands at 1.01, while the Cash Ratio is 0.36. Considering the valuation of this stock, the price to sales ratio is 7.30, the price to book ratio is 3.38 and price to earnings (TTM) ratio is 45.75.
Transactions by insiders
Recent insider trading involved Raskas Daniel, SVP – Corporate Development, that happened on Nov 26 ’24 when 26318.0 shares were sold. SVP – Corporate Development, Raskas Daniel completed a deal on Nov 25 ’24 to sell 8370.0 shares. Meanwhile, Officer Raskas Daniel bought 26318.0 shares on Nov 26 ’24.
